Reservoir
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.
A report commissioned by Havtil, the Norwegian Ocean Industry Authority, calls for better dialogue regarding pore-pressure uncertainty and higher-end drilling techniques like managed pressure drilling as methods to reduce the risk of well-control events.
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Technology that allows researchers to see stress forming inside rock samples may help unravel some of the mysteries associated with fracture behavior.
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Getting a good well for a field test can make or break a new idea. A government backed research group in Saskatchewan is offering up to CAD 100,000 break on royalty payments to test ways to extend the life of conventional, heavy-oil fields.
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Advancement of the integration of seismic with other oilfield disciplines has been fueled by two factors. First, advances in seismic technologies naturally led to more-powerful integration. Second, developments in seismic were motivated in direct response to the needs of interpreters and engineers.
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Cost optimization in heavy-oil production can be achieved through numerical modeling to suggest general optimal strategies and development plans or by using proper real-time data acquisition … for prompt decisions while operations are ongoing.
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The authors used a high-quality digital-log data set to characterize reservoir quality accurately in the Niobrara and Codell Formations in the Denver-Julesberg (DJ) Basin.
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The A East Haradh formation contains a 200-m-thick oil column of highly viscous oil, with viscosity ranging from 200 to 400,000 cp.
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The most popular technology for producing heavy oil (HO) and bitumen is reservoir heating, mainly by steam injection.
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This paper presents an investigation into the effect of catalytic nanoparticles on the efficiency of recovery from continuous steam injection.
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Three-dimensional reservoir models are best created with a combination of well logs and 3D-seismic data. However, the effective integration of these results is not easy because of limited seismic resolution.
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The paper discusses an approach for predicting the lateral variation of net to gross (NTG) by use of 3D probabilistic seismic inversion.